Word: fresno
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Late one Friday afternoon in November 1975, executives at the Los Angeles headquarters of Bateman Eichler, Hill Richards Inc., California's largest brokerage firm, got a series of disturbing phone calls. All 25 employees in the firm's Fresno office-17 account representatives, two trainees, six back-office assistants-announced that they were quitting, with no advance warning. Most distressing to Bateman Eichler was the employees' destination. They moved en masse across Shaw Avenue to open, on Monday morning, the brand-new Fresno office of Bateman Eichler's competitor, Paine, Webber, Jackson & Curtis...
...million in damages. In addition, the arbitrators assessed damages totaling $45,000 against three of the former Bateman employees for conspiring to engage in unfair competition. The damages were less than the $2.5 million that Bateman had asked in a California court suit filed on the Monday that the Fresno employees switched allegiance (the court tossed the case to the Big Board), but the penalty is still the heaviest ever imposed by the exchange against a single member firm...
...help crack the case, the bureau called in Dr. William S. Kroger, an authority on medical hypnosis. Kroger sat with Chowchilla Bus Driver Ed Ray in a Fresno motel room and told him to fix his eyes on a spot on the wall and breathe deeply. Twenty minutes later Ray was under hypnosis. Dr. Kroger then led him through a playback of the kidnaping. The ploy worked. The driver was able to recall all but one digit of the license plate on the kidnapers' white van. The information helped authorities track down three suspects who go on trial later...
Their final appeal denied by the California Supreme Court, four Fresno Bee newsmen last week became the largest group of U.S. journalists to be jailed for a single story. The Fresno four-Managing Editor George F. Gruner, former City Editor James H. Bort Jr., and Reporters William K. Patterson and Joe Rosato-will not be released until they tell how they obtained secret grand jury testimony quoted in a 1975 story about local corruption, or until a judge becomes convinced they cannot be forced to talk. Before the four entered a county prison farm at Caruthers late last week, they...
That anger has not yet subsided, and it may yet hurt Gerald Ford for having pardoned Nixon so abruptly. When Ford hit Fresno last week in his bid for election, demonstrators carried placards that focused almost exclusively on the pardon. DOES NIXON DRIVE A FORD? asked one. BEG YOUR PARDON, said another. NIXON'S GHOST IN THE WHITE HOUSE, read a third. One Ford aide found some consolation in the timing of the Woodward-Bernstein book. "At least it's coming out now with quite a few months to die down and be forgotten, " he said. That could...